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Other Income (Expense), Net
 3 Months Ended
Feb. 26, 2017
Other Income and Expenses [Abstract]  
OTHER INCOME (EXPENSE), NET
OTHER INCOME (EXPENSE), NET
The following table summarizes significant components of "Other income (expense), net": 
 
Three Months Ended
 
February 26,
2017
 
February 28,
2016
 
(Dollars in thousands)
Foreign exchange management (losses) gains(1)
$
(10,244
)
 
$
3,736

Foreign currency transaction gains (losses)(2)
9,676

 
(8,203
)
Interest income
617

 
209

Investment income
353

 
708

Other
6

 
1,331

Total other income (expense), net
$
408

 
$
(2,219
)

_____________
 
(1)
Gains and losses on forward foreign exchange contracts primarily result from currency fluctuations relative to negotiated contract rates. Losses in the three-month period ended February 26, 2017 were primarily due to unfavorable currency fluctuations relative to negotiated contract rates on positions to sell the Mexican Peso. Gains in the three-month period ended 2016 were primarily due to favorable currency fluctuations relative to negotiated contract rates on positions to sell the Mexican Peso, partially offset by unfavorable currency fluctuations relative to negotiated contract rates on positions to sell the Euro.

(2)
Foreign currency transaction gains and losses reflect the impact of foreign currency fluctuation on the Company's foreign currency denominated balances. Gains in 2017 were primarily due to the strengthening of the Mexican Peso and Euro against the US dollar. Losses in 2016 were primarily due to the weakening of various foreign currencies against the Euro.